PC4PEOPLE.com Reviews, Tips & Tricks

Blog reviews on technology, computers, and electronics. Tips & Tricks.
September 28th, 2007

Personal Insurance

I am often asked about business insurance, but I thought I would also take the opportunity to talk about personal insurance options. Some of the many different types of personal insurance are: car insurance, home insurance, life insurance, health insurance, travel insurance, pet insurance, and payment protection.

There are formula’s to figure out how much Life insurance, there are mandatory minimums for you to think about when you compare car insurance, and there are limits to protection of travel insurance, and they should all be taken in to account. So which should you have? How much coverage do you need? Should I buy the cheap home insurance? Well, there is no right answer to these questions, but let me give you the best answer I can: You should buy the best coverage you can afford. I know this is about as helpful as buy low and sell high for stocks, but it is the truth.

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12 Responses to “Personal Insurance”

  1. Personal Insurance is not really personal in its true sense. It is all your money going out of your personal accounts.One need to be very careful while taking such investment decisions.Listen to the agents but better do not believe your ears.Have your own research. Do your own math.Analyze in your way.Your future is safe in your own hands and not with the insurers.

  2. Paul. Mangesh Says:
    October 17th, 2007 at 3:14 am

    yaa you rightly said “buy the best coverage you can afford”. Also research in the market ‘n see which one suits you best.

  3. expensive but useful on next day,we dont know what happen later,so insurance is good option to save our live.

  4. I agree with you. When I started working, I bought the best health insurance I can afford. It’s my first investment.

  5. If anybody were to ask me, personal insurance is a must. We do not know what lies in the future or what is going to happen next. You could dining in a nice restaurant but next thing you know you are dead. That’s why we need insurance to over us, well basically not ONLY us, but also our loves one. Take for example if you say, I’m perfectly healthy but sometimes there are sickness which even the doctors failed to diagnose. Since it is a must, I’m 100% agree that we should allocate our funds to buy insurance. Of course buy only what we could afford and sufficiently to cover the expenses if anything goes wrong.

  6. It is very important to have insurance cover.
    Gives you a secure feeling!

  7. Personal Insurance is must for everyone, just in case you get in trouble in future - insurance is all you can rely on. It gives a kind of secure feeling, so I highly recommend to get yourself insured by a reputable company.

  8. Same with me, personal insurance is very important in today life. Wihout this insurance, if one day we fall sick, all money that we have need to be use. This meant nothing even how much money we have if it disappear only in one time. With personal insurance, we don’t need to worry on what will happen in future. I feel sad, certain of my friends still anti-insurance. For them, insurance only give benefit to the agents. This totally not right !

  9. Personal insurance is must of each and everyone of us. That so true in odd situation, insurance is the only hope left, plus you get lots of daily medical faculity freely covered under it.

  10. In today life I think personal insurance ia a must as only several people can pay any medical cost which really huge amount. We also need to change our mind set about the person who bring to us this opportunity.

  11. I believe the cheapest insurance is not always the best to go. Buying into the best insurance you can afford that will cover all your needs is the best way. Sometimes you can have the cheapest insurance, but if you dig a little further to see what it actually covers, some may be surprised. Personal insurance is a must for everyone, especially in the case of emergencies. No one knows when they will need it, but eventually one will. It is worth having in the long run.

  12. Agreed with jeni fini, We should go with the best insurance because it can be also our life’s most important thing.

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